First Tin Plc (LON:1SN) Insider Acquires £9,787,500 in Stock

First Tin Plc (LON:1SN) insider Charles Cannon Brookes purchased 1,450,000 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were purchased at an average price of GBX 675 ($8.48) per share, for a total transaction of £9,787,500 ($12,294,309.76).

First Tin Stock Performance

Shares of 1SN opened at GBX 6.50 ($0.08) on Monday. First Tin Plc has a twelve month low of GBX 3.65 ($0.05) and a twelve month high of GBX 8.59 ($0.11). The stock’s 50 day moving average is GBX 5.42 and its two-hundred day moving average is GBX 4.89. The firm has a market capitalization of £17.26 million, a PE ratio of -635.00 and a beta of 1.44.

First Tin Company Profile

First Tin Plc engages in the mining and development of tin in Germany and Australia. Its flagship assets include the Tellerhäuser Project in Saxony, Germany; and the Taronga Project in New South Wales, Australia. First Tin Plc was incorporated in 2012 and is based in London, the United Kingdom.